LSM Insurance has been helping people in Saskatchewan with their life insurance and living benefits needs for over 25 years. We have served customers in Regina, Saskatoon, Moose Jaw, Yorkton, and in many other Saskatchewan locations through our local, experienced life insurance brokers.
Saskatoon, Saskatchewan, Canada
Regina, Saskatchewan, Canada
Moose Jaw, Saskatchewan, Canada
Yorkton, Saskatchewan, Canada
Insurance products we offer in Saskatchewan:
Saskatchewan is one of the largest producers of potash in the world. It is also a province known for its agriculture and agri-foods industry. Potash mining and agriculture are industries dependent on external conditions, like weather and geography. This can lead to some years being more profitable than others. It is important for those in Saskatchewan to protect themselves and their families through life insurance and living benefits. After all, it can be hard to consistently save in an emergency fund when one’s income varies year to year. While savings are important, insurance helps offset the financial risk from premature death, disability, routine health needs, and critical illness.
The Insurance Councils of Saskatchewan (ICS), under the authority delegated by the Director of Insurance, licenses and regulates insurance agents, brokers, adjusters and agencies in the province.
The rates of life insurance and living benefits in Saskatchewan depend on factors like your occupation, age, health, and even your commute. A broker assesses your personal situation and matches you with the best policy for your situation. The sample quotes below are general in nature and give you a starting point on what to expect from life insurance rates in Saskatchewan.
Disclaimer: Remember, life insurance rates in Saskatchewan are highly dependent on a variety of factors. Speak with a broker that has access to all the life insurance products in Canada so they can guide you to the application for which you are most likely to qualify.
Life insurance rates in Saskatchewan depend on the type of policy you need, the coverage cap, your age, health and other risk factors. Term life insurance in Saskatchewan is the cheapest type of policy. A healthy 25-year old female non-smoker can get a Term 15 policy for as little as $18.00/month for coverage of $500,000.
You can get life insurance in Saskatchewan through an agent (sells the products of one company), a broker, online, over the phone, and through some banks. A broker saves you time and money as they shop the market – for free – on your behalf and provide you with the best policy for your needs among 25+ Canadian insurers.
The Insurance Councils of Saskatchewan (ICS), under the authority delegated by the Director of Insurance, licenses and regulates insurance agents, brokers, adjusters and agencies in the province.
Disability insurance in Saskatchewan is available as part of most employee benefit packages, but you can also purchase individual policies. These are best purchased through an agent or broker to ensure you are not stacking policies and therefore paying for coverage you can’t use. If you buy it from a bank, it will be termed mortgage/loan/debt insurance and the bank, not you or your family, will be the beneficiary.
